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Ayushman Sahakar scheme launched

  • IASbaba
  • October 21, 2020
  • 0
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Ayushman Sahakar scheme launched

Part of: GS Prelims and GS-II – Health

In news

  • Ayushman Sahakar scheme was recently launched.
  • Launched by: Ministry for Agriculture and Farmers Welfare
  • Formulated by: National Cooperative Development Corporation (NCDC), the apex autonomous development finance institution under the Ministry of Agriculture.
  • It is a unique scheme to assist cooperatives to play an important role in creation of healthcare infrastructure in the country.

Key takeaways

  • NCDC would extend term loans to prospective cooperatives to the tune of Rs.10, 000 Crore in the coming years.
  • There are about 52 hospitals across the country run by cooperatives.
  • The NCDC fund would give a boost to provision of healthcare services by cooperatives.
  • Ayushman Sahakar specifically covers establishment, modernization, expansion, repairs, renovation of hospitals and healthcare and education infrastructure.
  • Any Cooperative Society with suitable provision in its byelaws to undertake healthcare related activities would be able to access the NCDC fund. 
  • NCDC assistance will flow either through the State Governments/ UT Administrations or directly to the eligible cooperatives.
  • The scheme shall provide working capital and margin money to meet operational requirements.
  • The scheme shall also provide interest subvention of 1% to women majority cooperatives.
  • It is in line with the National Digital Health Mission and National Health Policy, 2017.

Do you know?

  • NCDC was set up under an Act of Parliament in 1963 for promotion and development of cooperatives. 
  • Since 1963, it has extended around Rs.1.60 lakh crore as loans to cooperatives.

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